FISCAL YR 2021

Collection: Executive Agency Records
Sub-shelf: casinocontrolcommission.vi (Internet Archive recovery)
Kind: Government Report
Date: 2021
Pages: 8
Text: OCR Text

Download the original document · Plain text (TXT) · Browse the archive · How this archive works

Original source: https://web.archive.org/web/20240711143246id_/https://casinocontrolcommission.vi/wp-content/uploads/2024/07/FISCAL-YR-2021.pdf

SHA-256 f635abc313545a4cdfd7af9932af041607f8faebfda4f2ecffe10641eed0529f

Re-using this document

An instrumentality of the Government of the Virgin Islands. No rights are stated anywhere: the document carries no copyright notice and the body publishes no terms of use. 17 U.S.C. § 105 does not reach territorial government, so nothing makes it public domain by operation of federal law — it publishes as a territorial public record, and we say plainly that the position is unstated rather than settled.

Our description, tagging, arrangement, extracted text and machine transcripts are released under CC0 1.0. We assert nothing about the document itself.

Archive identifier LF-f635abc31354

Document text

CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069, 6132 & 6534 & 7100 FIY'21 COLLECTIONS $ 331,787.76 DISTRUBUTIONS Amount to be paid ist Qtr 12/31/20 Agency/Program/Org % Roy L. Schneider Hospital 13,271.51 Juan F. Luis Hospital 13,271.51 Hospital & Hea!th 13,271.51 Myrah Keating Smith Clinic 9,953.63 Education 2 16 53,086.04 Worker Prep Edu Prog/High School! 2 6,635.76 Youth Proorams 10 33,178.78 Agriculture 10 33,178.78 Tourism/Casino Promotion STX 16,589.38 Union Arbitration & Incr. Fund 26,543.02 Bureau of Interal Revenue 3,317.88 University of the Virgin Islands 16,588.38 V.1. Alliance for Responsible Gaming 3,317.88 Housing, Parks, & Recreation 10 33,178.78 Casino Control Commission 10 33,178.78 Public Safety 16,589.38 St. Croix Foundation * Casino Rehabilitation Fund 6,635.76 Total Distribution — 100 $ 331,787.76 ee " Effective September 2004 Casino Revenue collection to the St. Croix Foundation Is deposited in the Casino Rehabilitation Fund. ? authorized by Act 7100 to change from 18 percent of Education to 16 percent effective January 15, 2010. DOF - 01/15/21 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 December 31, 2020 Beginning Balance from F/Y '18 524,956.52 Revenues F/Y '19 1,959,085.08 Obligations F/Y '19 (1,972,234.31) Net Activity F/Y '19 (13,149.23) Ending Balance 09/30/19 $11,807.29 Beginning Balance from F/Y '19 511,807.29 Revenues F/Y '20 1,154,830.72 Obligations F/Y '20 (1,563,769.14) Net Activity F/Y '20 (408,938.42) Ending Balance 09/30/20 102,868.87 Beginning Balance from F/Y '20 102,868.87 Revenues F/Y '21 331,787.76 Obligations F/Y '21 (102,868.87) Net Activity F/Y '21 228,918.89 Ending Balance 12/31/2020 $ 331,787.76 Budgeted Balance - Unobligated 0.00 Encumbrances 0.00 Payment In Process 0.00 Requisition In Process 0.00 Available for Budget 5 331,787.76 Note: This unaudited balance includes appropriations and encumbrances available but not yet expended aoe - General Ledger - 01/07/2021 CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUT ION AS AUTHORIZED BY ACTS 6058, 6132 & 6534 & 7100 FAV'21 COLLECTIONS S 661,788.09 DISTRUBUTIONS Amount to be paid 2nd Qtr 03/S1/2021 Agency/Program/Org % Roy L. Schneider Hospital 4 26,470.20 Juan F. Luis Hospital 4 26,470.20 Hospital & Health 4 26,470.20 Myrah Keating Smith Clinic 3 19,052.65 Education * i6 105,680.82 Worker Prep Edu Prog/High School? soa 13,235.10 Youth Programs 10 65,175.51 Agriculture 10 66,175.51 Tourism/Gasino Promotion STX 5 33,087.76 Union Arbitration & incr. Fund 8 52,940.40 Bureau of Interal Revenue i 6,617.55 University of the Virgin Islands 5 33,087.76 V.L Alliance for Responsible Gaming 1 6,617.55 Housing, Parks, & Recreation 10 66,175.51 Gesino Control Commission 10 66,175.51 Public Safety § 33,087.76 St. Croix Foundation ' Cas no Rehabilitation Fund 2 13,235.10 Total Distribution 400 § 631,755.09 ' Effective September 2004 Casino Revenue collection to the St Croix Foundation Is deposited in the Casing Rehabilitation F ® Authorized by Act 7100 te change from 18 percent of Education to 16 percent effective January 15, 2010. DOF - 04/14/2021 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529090/2092 March 31, 2022 Beginning Balance from F/Y '18 524,956.52 Revenues F/Y 19 1,959,085.08 Obligations F/y '19 (1,972,234.31) Net Activity F/Y '19 (13,149.23) Ending Balance 09/30/19 511,207.29 Beginning Balance from F/Y '19 511,807.29 Revenues F/Y '20 1,154,830,72 Obligations F/Y '20 (1,563,769.14) Net Activity F/Y '20 (408,938.42) Ending Balance 09/30/20 102,868.27 Beginning Balance from F/Y '20 102,868.87 Revenues F/V '21. 992,542.85 Obligations F/Y '21 (434,656.63) Net Activity F/Y '21 558,586.22 Ending Balance 03/31/2021 S 661,755.09 Budgeted Balance - Unobligated 0.00 Encumbrances 0.89 Payment In Process 6.00 Requisition In Pracess 0.00 Available for Budget $ 661,755.09 Note: This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger C ye ~ 04/14/2021 SINO R NUE FUND SCHEDULE OF c 0 LLECTI AS AUTHORIZED B Y ACTS ONS AND DISTRIBUTION 6069, 6132 & 6534 & 7100 COLLECTIONS FAY'21 $ 550,908.72 DISTRUBUTIONS Amount to be paid Agency/Program/Org 3rd Qtr 06/30/2024 Roy L. Schneider H, ital Juan F. Luis Hospital 22,036.35 ospital & Health 22,036.35 Keating Smith Clinic 22,036.35 Education 2 16,527.25 Worker Prep 16 Youth Pro Edu Prog/High School 2 88,145.40 grams 16 11,018.17 Agricutture 10 55,080.87 Tourism/Casino Promotion STX Union Arbitratio n & Iner. Fund 55,090.87 Bureau of int eral Revenue 27,545.44 University of 44,072.70 V.L Alliance the Virgin Istands 5,509.09 for Res ponsible Gaming 27,545.44 ousing, Parks, & creation 10 5,508.09 Casino Contro! Com mission 55,090.87 Public Saf 10 55,090.87 St. Croix Foundation ! 27,545.44 Casino Rehabilitation Fund 11,018.17 Total Distribution SSS 100 308.72 September 2004 Casino Re | Effective venue Collection to the St Croix Foundation Is rized by Act 7100 to change fro M 18 percent of Education to 16 Percent effe deposited In the Casino Rehabilitation Fund lective January 15, 2010 DOF - 07/02/2024 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - §29000/2092 524,956.52 (13,149.23) 511,807.29 June 30, 2021 Beginning Balance fram F/Y ‘18 Revenues F/Y '19 1,959,085.08 Obligations F/Y ‘19 {1,972,234.31) Net Activity F/Y ‘19 Ending Balance 09/30/19 Beginning Balance from F/Y ‘19 Revenues F/Y '20 1,154,830.72 Obligations F/Y '20 (1,563,769.14) Net Activity &/Y ‘20 Ending Balance 09/30/20 Beginning Balance from F/Y ‘20 Revenues F/Y '21 1,544,451.57 Obligations F/Y ‘21 (1,096,411.72} Net Activity F/Y '21 Ending Balance 06/30/2021 Budgeted Balance - Unobligated Encumbrances Payment In Process Requisition In Process Available for Budget Note: 511,807.29 (408,938.42) 102,868.87 102,868.87 448,039.85 550,908.72 0.00 0.00 0.00 0.00 5 550,908.72_ This unaudited balance includes appropriations and encumbrances available but not yet expended OF - General Ledger - 07/01/2021 CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069, 6132 & 6534 & 7100 F/Y'21 COLLECTIONS $ 627,211.46 DISTRUBUTIONS Amount to be paid 4th Qtr 09/80/2021 Agency/Program/Org % Roy L. Schneider Hospital 4 $ 25,088.46 Juan F, Luis Hospital 4 $ 25,088.46 Hospital & Health 4 $ 25,088.46 Myrah Keating Smith Clinic 3 5 18,816.34 Education * 16 $ 100,353.83 Worker Prep Edu Prog/High School? 2 $ 12,544.23 Youth Programs 10 $ 62,721.15 Agriculture 10 $ 62,721.15 Tourism/Casino Promotion STX 5 $ 31,360.57 Union Arbitration & incr. Fund a $ 50,176.92 Bureau of Interal Revenue 1 $ 6,272.11 Univarsity of the Virgin Islands 5 5 31,380.57 V.1. Alliance for Responsible Gaming 1 $ 6,272.11 Housing, Parks, & Recreation 10 $ 62,721.15 Casino Control Commission 10 $ 62,721.15 Public Safety 5 $ 31,360.57 St. Croix Foundation ’ Casino Rehabilitation Fund 2 $ 12,544,23 Total Distribution 100 $627,211.46 ' EXtective September 2004 Casino Revenue collection to the St. Crolx Foundation Ia deposited in the Casino Ashabiitation Fund ? Authorized by Act 7100 to change [rom 18 percent of Education to 16 percent Bifactive January 15, 2010. DOF - 10/20/2021 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 September 30, 2021 Beginning Balance from F/Y ‘18 524,956.52 Revenues F/Y '19 1,959,085.08 Obligations F/V '19 (1,972,234.33) Net Activity F/Y '19 (13,149.23) Ending Balance 09/30/19 511,807.29 Beginning Balance from F/Y '19 $11,807.29 Revenues F/Y '20 1,154,830.72 Obligations F/Y '20 (1,563,769.14) Net Activity F/Y '20 (408,938.42) Ending Balance 09/30/20 102,868.87 Beginning Balance from F/Y '20 102,868.87 Revenues F/Y '21 2,171,663.03 Obligations F/Y '21 (1,647,320.44} Net Activity F/Y '21 524,342.59 Ending Balance 09/30/2021 2 627,211.46 Budgeted Balance - Unobligated 0.00 Encumbrances 0.00 Payment In Process 0.00 Requisition In Process 0,00 Available for Budget $ 627,211.46 Note: This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger CyHe - 10/20/2021